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Pike Research forecasts global geothermal power capacity could more than double by 2020; US to lead world in geothermal power capacity through 2020

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The current installed capacity of 10.7 GW of installed capacity, and seven countries represent 88% of the world market. The world’s total installed geothermal capacity in 2010 was 10.7 Under a more conservative business-as-usual forecast scenario, Pike estimates that geothermal power capacity could increase 34% to 14.3

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 The 103GW of capacity added by new renewable energy sources last year compares to 86GW in 2013, 89GW in 2012 and 81GW in 2011 and made 2014 the best year ever for newly installed capacity.

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MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

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In 2007, MIT signed an agreement with the Government of Cyprus to aid in the development of The Cyprus Institute (CyI) Center for Energy, Environment, and Water Resources through human resource development and joint research. Depending on the tax scheme, it may raise $1.5 billion in taxes. Click to enlarge. Background.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

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Home Page Todays Paper Video Most Popular Times Topics Search All NYTimes.com Energy & Environment World U.S. Mr. Thesen said that a factory in Turkey was being refurbished to be able to produce 100,000 electric vehicles a year. “We have 10,000 engineers out there every day, installing and servicing boilers,&# he added.

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